Politician proposes selling state-owned sports clubs to pay off Egypt’s debts ...Egypt

EGYPT INDEPENDENT - Economy
Politician proposes selling state-owned sports clubs to pay off Egypt’s debts
source : EGYPT INDEPENDENT ( Egypt ) () 27
The representative of the Free Egyptians Party at the National Dialogue, Mohamed Khalil Badra, proposed selling state-owned assets such as the Al-Ahly and Zamalek sporting clubs or the National Bank of Egypt and Banque Misr to pay off Egypt’s debts, the Al Shorouk newspaper reported. Badra explained that controlling the rise in debt rates requires including all public funds and economic bodies within the state budget – which number more than 7,000 funds and bodies – thereby increasing revenues and reducing the budget deficit. Tax revenues must be increased through achieving financial inclusion, reducing cash transactions, and setting a ceiling on public debt similar to developed countries, h

Hence then, the article about politician proposes selling state owned sports clubs to pay off egypt s debts was published today ( ) and is available on EGYPT INDEPENDENT ( Egypt ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Politician proposes selling state-owned sports clubs to pay off Egypt’s debts )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy


Latest News

Why degree apprenticeships are more competitive than Oxford

before 3 hours & 25 minute

Can an AI Black Box Be Trusted to Run a Nuclear Reactor?

before 11 hour & 20 minute

Tesla Owns Nearly 1 in 5 AI Answers About EVs. New 5W Index Ranks the Top 25 EV Brands by AI Citation Share.

before 11 hour & 24 minute

Africa: Africa's AI Moment - How the Continent Can Quantum Leap into the Future--Today

before 12 hour & 49 minute

The Carbon Capture Boom Is Starting to Crack

before 13 hour & 14 minute

La GSMA salue la Déclaration d'Abuja sur une connectivité utile pour l'Afrique et s'associe à ses partenaires pour lancer ATLAS Umoja

before 14 hour & 31 minute

UCLA Scientists Turn Plastic Waste Into Pure Hydrogen Fuel

before 15 hour & 14 minute

What a bad credit score really means – and how to improve your rating

before 16 hour & 47 minute

EU Backs Off Methane Rules as Energy Security Fears Mount

before 17 hour & 18 minute

Mali: How Mali's Ancient Craft Is Building New Economic Futures

before 19 hour & 30 minute

Profits of Industrial Companies Listed on Muscat Stock Exchange Rise

before 21 hour & 41 minute

Iran war, tariffs raise new risks for a resilient U.S. economy

before 22 hour & 16 minute

Africa: Can Ethiopia Weave Africa's Complete Cotton-to-Clothing Value Chain?

2026-7-25

A Global Economy Jolted by an Oil Shock Now Gets a Tariff Reminder

2026-7-25

The Strait of Hormuz Closure Is Already Hitting Supermarket Prices

2026-7-25